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While the rally was broad-based, a few stocks soared in anticipation of the so-called Trump trade, making single-stock ETFs winners last week.
Donald Trump's historic victory in the presidential race unleashed a massive rally in the U.S. stock market and ETF space.
Wall Street delivered mixed performance last week.
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
U.S. stocks reached new peaks on Thursday, propelled by Nvidia's (NVDA) blockbuster earnings report. The broad rally injected double-digit gains in the leveraged space.
Wall Street enjoyed a robust fourth quarter despite experiencing a correction in late October.
The optimism surrounding the likely Fed rate cuts in 2024 aided the rally in the market last week, barring some occasional dips.
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Wall Street experienced a four-week winning streak last week.
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